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Dec 23, 2012
12/12
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KRON
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. >> now to the latest on the looming fiscal cliff. that tax and cut measure >> i used to be a business owner are do not want taxes to go of, republicans to not want calkins to go up. despite suffering a major defeat this week, when he couldn't muster enough republican support to pass his own tax proposal, house speaker john boehner says there's still hope. in this week's republican address, boehner urges democrats to work with republicans on if no deal is reached by january 1st, severe cuts and tax increases will take effect sometime during the month. congress is cutting short its vacation to come back to work on thursday. >> a federal judge is givng the okay to b-p's settlement with businesses and people affected by the 20-10 oil spill in the gulf of mexico. under the settlement, b-p will pay close to eight billion dollars to settle economic and medical claims from thousands of businesses and individuals in louisiana, alabama and other coastal areas. aside from seafood industry claims, there is no cap on the amount b-p will pay to th
. >> now to the latest on the looming fiscal cliff. that tax and cut measure >> i used to be a business owner are do not want taxes to go of, republicans to not want calkins to go up. despite suffering a major defeat this week, when he couldn't muster enough republican support to pass his own tax proposal, house speaker john boehner says there's still hope. in this week's republican address, boehner urges democrats to work with republicans on if no deal is reached by january 1st,...
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148
Dec 23, 2012
12/12
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KBCW
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even the term the fiscal cliff may be an overstatement. it makes it sound like we are going to go into a depression. taxes will go up, cuts and spending will happen, but politicians need to have high drama to get anything done. >> they certainly created it, as has the media. the bottom line is something will happen after the first of the year if no action is taken, meaning more taxes for people and more cut, so, there is something to be said for that. >> that and the mayan calendar. that said, let's take a look at something that is real, and that is the storm with elizabeth! >>> the storm moving over the bay area should be tapering off by later on this afternoon and evening. right now we have pockets of light, moderate and heavier cells moving in. you can track it all with our exclusive high def doppler. we have a portion of flooding over the great highway in san francisco. you can see why. the heavier bands moving over the bay area is heavier this morning than yesterday. by this afternoon and into this evening everything will dry out. it
even the term the fiscal cliff may be an overstatement. it makes it sound like we are going to go into a depression. taxes will go up, cuts and spending will happen, but politicians need to have high drama to get anything done. >> they certainly created it, as has the media. the bottom line is something will happen after the first of the year if no action is taken, meaning more taxes for people and more cut, so, there is something to be said for that. >> that and the mayan calendar....
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Dec 23, 2012
12/12
by
KPIX
tv
eye 114
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cliff. again, if there's no deal, we see painful tax hikes and massive government spending cuts after january 1st. stay with us when we checked in with san francisco mayor edley and former mayor willie brown. these guys are no strangers. we have the so-called fiscal cliff. with the politics involved here? how much of what we have been seeing is real deal cutting and how much is show? >> first of all, none of it is really show. it's really politicians trying their best to prevail what they promise their voters they would do. that's what that is. they are going as well as they can. the first day as we said something different than willie brown. i immediately agreed. my voters would have to say, i didn't do what i promised to do. >> what if what you promise to do is after you sit down and see the facts and it isn't the right way to go. what do you do politically? >> for me i naturally try to get that information out there but also let the public is certainly everybody looking at the budget proc
cliff. again, if there's no deal, we see painful tax hikes and massive government spending cuts after january 1st. stay with us when we checked in with san francisco mayor edley and former mayor willie brown. these guys are no strangers. we have the so-called fiscal cliff. with the politics involved here? how much of what we have been seeing is real deal cutting and how much is show? >> first of all, none of it is really show. it's really politicians trying their best to prevail what they...
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188
Dec 23, 2012
12/12
by
KGO
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the country is now just eight days away from falling off the looming fiscal cliff. >> the first holiday land in the dark but woke up to paradise. >> washington has a serious spinning problem. >> this played in the capitol and would echo through the house. >> the president's laws of raising tax rates would still leave -- >> the republican leader took a rhetorical holiday swipe at democrats. >> i'm stuck here in washington trying to prevent by fellow kentuckians from having to shell out more money to uncle sam next year. >> we are learning more about how the negotiations fell apart. unnamed source said when the speaker offered $800 billion in revenue by limit being deductions, the speaker asked what to i get? the president reportedly responded you get nothing. i get that for free. unable to agree on a big deal on taxes and entitlements, the president is now hoping to get a small deal. extend middle class tax rates, extend some unemployment benefits and agree to a framework for a big deal. >> that's an achievable goal. that can get done in ten days. >> can it? consider speaker boehner's ot
the country is now just eight days away from falling off the looming fiscal cliff. >> the first holiday land in the dark but woke up to paradise. >> washington has a serious spinning problem. >> this played in the capitol and would echo through the house. >> the president's laws of raising tax rates would still leave -- >> the republican leader took a rhetorical holiday swipe at democrats. >> i'm stuck here in washington trying to prevent by fellow...